That day when bitcoin hits 50,000, and this topic wil be replied and honored by the new folks whom are new to Bitcoin by then, the day when multiple countries have the coin in use in shops and services, the day when you get paid 0.05 BTC a month for a fulltime job, what will you do with your precious coins? when this appears on your screen...
$50,023(+0.12%)
1 BTC
Will you hold them with the knowledge of becoming a millionaire, or a multi-multi millionaire? Or wil you find it enough and trade some or most of your precious, precious coins for money to buy something really big, or use it to start up your own big company?
For me, I will keep them. I might only sell a tiny bit if I would like to make a purchase of something, but for the rest I would keep all the coins knowing that 50,000.- is just the start of a new beginning (just like 2017's 2700 compared to 2014's 200.- already)
I am curious what you will do that day, when this post gets replied and all those people wish they started in the time that we did. The day when you, me and all other Bitcoin buyers basically have won the lottery, what will you do?
I really wish this could happen. And i think it will happen. Because every single fiat currency that have existed have collapsed - no one has escaped this. Not even the United States. Look at the 1800s. Fiat was worthless even the US. And obviously when France was a superpower there was a genius which i won't name who decided that printing more money would be the end of the country's financial woes. And that failed too.
Guess where we are now, in 2017. Look at the expansion in monetary supply after the governments' desperate attempt to rescue the markets after the 2008 crash. Bitcoin is going to be currency. All the holders will be rewarded, in a decade or two. It'll be satisfying to say "i told you so" whilst pointing at that sweet 50000 figure.